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Proof of Funds
The Government of Canada does not provide financial
support to new skilled worker immigrants.
You
must have enough money to support
yourself and your dependants after you arrive in Canada.
You cannot borrow this money from another person. You
must be able to provide proof of funds and use this to
support your family.
You will need to provide proof of funds when you submit
your application for immigration.
The amount of money that you need to have to support
your family is determined by the size of your family.
|
Number of Family Members |
Funds Required(CDN$) |
|
1 |
$9,420 |
|
2 |
$11,775 |
|
3 |
$14,645 |
|
4 |
$17,727 |
|
5 |
$19,816 |
|
6 |
$21,905 |
|
7 |
$23,994 |
Table 1 - Required Funds
How Much Funds Should you Bring? Find out how much it
costs to live where you are planning to settle in
Canada. Bring as much money as possible to make moving
and finding a home in Canada easier.
These funds are NOT a "Sina qua non" condition of
admission. The six month settlement fund requirement is
a policy creation implemented by the Department and is
not found in the Regulations.
Visa officers have been instructed not to refuse
applicants on the basis of not being able to provide the
required proof of funds alone, as described in the Table
1, and to apply a number of additional factors which
include, without limitation, the following criteria:
1. Spouse's potential for employment
2. Genuine offers of employment
3. Genuine offers of accommodation
4. General assistance from family and friends
5. Transferable skills of applicant
The application of Table 1 and the additional factors
noted above will vary from post to post in accordance
with the particular circumstances of an applicant's
case.
As well, certain visa offices adhere to a practice of
requesting longevity of fund possession for up to one
year, while other offices will issue visas upon the
production of evidence of current deposit (s) or bank
draft (s) in the name of applicant, spouse or over-age
dependent child.
Applicants who are not able, upon request, to provide
proof of funds, can petition the visa office to hold the
disposition of the case in abeyance for a reasonable
period of time, pending efforts by the applicant to
comply with this statutory requirement.
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